GBP/USD – Pound Dips Below 1.30 As Manufacturing Production Declines

The British pound has dropped below the 1.30 level on Tuesday. Currently, GBP/USD is trading at 1.2970, its lowest level in four weeks. On the release front, British Manufacturing Production declined -0.3%, short of expectations. The UK’s trade deficit soared to GBP 12.4 billion, much worse than expected. There are

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